SAMPLE QUESTIONS

Financial Accounting and Auditing X –Costing (SEM VI)

FOR STUDENTS OF ACADEMIC YEAR 2019-20)
1. SEAT NO:
______________________ (Compulsory)
2. SAP NO:
______________________ (Compulsory)

3. The debit balance of the overheads adjustment account may be

transferred to
a. Cost of sales account
b. Profit and loss account
c. Finished goods account
d. Work- in-progress account

4. Journal entry for payment of wages in non-integrated accounts is

a. Wages Control A/c Dr.
To Cash A/c
b. Wages Control A/c Dr.
To Cost Ledger Control A/c
c. Wages A/c Dr.
To Cash A/c
d. Cost Ledger Control A/c Dr.
To Wages Control A/c

5. Value of work certified – Rs. 8,00,000

Cost of work to date - Rs. 6,00,000
Cost of work not yet certified – Rs. 2,00,000
Notional Profit is
a. Rs. 2,00,000
b. Rs. 2,00,000 ( loss)
c. Nil
d. Rs. 4,00,000
 SAMPLE QUESTIONS
Financial Accounting and Auditing X –Costing (SEM VI)
FOR STUDENTS OF ACADEMIC YEAR 2019-20)
6. If Work Certified is less than 25% of the contract price. The transfer to
P&L A/c will be
a. 1/3rd of Notional profits
b. 2/3rd of Notional profits
c. Nil
d. 100% of Notional profits

7. Cost incurred prior to the point of separation of the joint or by-products

are termed as
a. Process cost
b. Joint cost
c. Main cost
d. Separable cost

8. The contribution to sales ratio of a company is 20% and profit is Rs.

64,500. If the total sales of the company are Rs. 7,80,000, the fixed cost is
a. Rs. 1,56,000
b. Rs. 1,21,500
c. Rs. 1,05,600
d. Rs. 90,000

9. If Material cost variance is Rs. 9,400 (F) and Material usage variance is
Rs. 8,200 (A), then Material price variance is
a. Rs. 5,600 (F)
b. Rs. 5,600 (A)
c. Rs. 17,600 (F)
d. Rs. 17,600 (A)

10.The standard hourly rate was Rs. 1.40. The actual rate was Rs. 1.30. The
labour rate variance was Rs. 600, favourable. The actual labour hours
(AH) were:
a. 6000
b. 6400
c. 1000
d. 1500
 SAMPLE QUESTIONS
Financial Accounting and Auditing X –Costing (SEM VI)
FOR STUDENTS OF ACADEMIC YEAR 2019-20)
11.What type of activity is the cost of designing products
a. Unit-level activity
b. Product line activity
c. Batch -level activity
d. Facility support activity

12.An accounting system that collects financial and operating data on the
basis of the underlying nature and extent of the cost drivers is
a. Direct costing
b. Activity based costing
c. Target costing
d. Cycle-time costing.
 SAMPLE QUESTIONS FORMAT
FINANCIAL ACCOUNTING & AUDITING -PAPER IX (SEM VI)

(FOR FINAL YEAR/SEMESTER STUDENTS OF ACADEMIC YEAR 2019-

20 OR EARLIER)

1. SEAT NO:
______________________ (Compulsory)

2. SAP NO:
______________________ (Compulsory)

3. According to Accounting Standard 14, Amalgamation takes

place in two ways, __________.
a. External reconstruction and internal reconstruction
b. Merger and purchase
c. Merger and Absorption
d. Take over and Purchase

4. With reference to Liquidation of Company, List H shows

a. Deficiency or Surplus A/C
b. Preferential Creditors
c. Preference Shareholders
d. Equity Shareholders

5. Liability for compensation under Workmen’s Compensation Act is treated as -------

a. Secured Creditor
b. Over-riding Preferential Creditor
c. Preferential Creditor
d. Unsecured Creditor

6. Loss or profit on Realization is transferred by the transferor company, under

amalgamation to ---------A/c.

a. Preference shareholders
b. Equity share holders
c. Profit & loss appropriation
d. New company

7. When all the shares are underwritten by the underwriters, it is called -------------

a. Firm Underwriting
b. Partial Underwriting
 c. Complete Underwriting
d. Legal Underwriting

8. According to the Company’s Act, the rate of commission payable to underwriter for
underwriting shares should not exceed
a. 5%
b. 10%
c. 2.5%
d. 1.5%

9. LLP should have minimum ------ partners.

a. 7
b. 5
c. 2
d. 3

10. A Limited Liability Partnership whos turnover exceeds Rs ------- is required to get it’s
accounts audited annually by any chartered accountants in practice.
a. 40 Lakh
b. 25 Lakh
c. 50 Lakh
d. 30 Lakh

11. X ltd purchased goods on 1st January 2020 for $ 20000 from Y Ltd. It paid $ 15000
on 10th March 2020 and balance on 10th April 2020 to Y Ltd. The Exchange rates
were 1$= 60 Rs, 1 $ = 62 Rs, 1$ = 63 Rs and 1$ =62 Rs on 1st Jan, 10th March, 31st
March and 10th April of 2020 respectively

With reference to this transaction, Foreign Exchange Fluctuation Account will get ------
by Rs --------- on 31st March 2020.
a. credited, 15000
b. debited, 15000
c. credited, 10000
d. debited, 10000.

12. Following is a non-monetary item, with reference to AS 11.

a. Cash
b. Debtor
c. Creditor
d. Land &Building

****************************************************
 Indirect Taxation
(FOR FINAL YEAR/SEMESTER STUDENTS OF ACADEMIC YEAR 2019-20 OR EARLIER)

Total marks: 50 marks Duration: 1hour

* Required

* This form will record your name, please fill your name.

1. Seat number *

The value must be a number

2. SAP number *

The value must be a number

3. On petroleum crude and petrol

(2 Points)

GST will not be levied at all

GSt will be levied from a date to be notified on the recommendations of the GST council

GST is levied, but exempt

Zero GST tax rate is applicable

9/23/2020
 4. The value of supply under section 15(1) of CGST Act is
(2 Points)

wholesale price

market value

maximum retail price

transaction value

5. The date on which the supplier receives the payment as per section 12 of CGST Act is
(2 Points)

date entered in the books of accounts

date of credit in the bank account

date entered in the books of accounts or date of credit in bank account, whichever is
earlier

date on which receipt voucher is issued by supplier

6. Which of the following services provided by the Department of Posts are exempt
from GST?
(2 Points)

Speed posts

Life insurance

Express Parcel posts

Regular posts

9/23/2020
 7. GST is payable by the recipient under reverse charge on
(2 Points)

Sponsorship services

Transport of goods by rail

Transport of passengers by air

Interior decoration services

8. What is the maximum rate of CGST prescribed under CGST Act

(2 Points)

20%

28%

24%

40%

9. Which of the following is not a supply as per section 7 of the CGST Act
(2 Points)

Management consultancy services not in course or furtherance of business

import of service for consideration not in course or furtherance of business

Selling exempt goods

Letting out a building for commercial purposes

9/23/2020
 10. Aggregate turnover includes
(2 Points)

Taxable supplies

Exempt supplies

Exports

Taxable supplies, exempt supplies and export

11. Determine the amount of CGST payable in case the total value of supply is Rs.
5,50,000 which attracts a tax rate of 18% and SGST credit of Rs. 1,000 is available.
(2 Points)

49500

48500

99000

98000

12. Mr. Abhijeet invited his clients for lunch at Taj hotels. He spent a good amount to
entertain them. The amount comprised of GST of Rs. 8,000 which he claimed as input
credit. His electronic cash ledger will be credited by
(2 Points)

Zero

Rs. 8,000

Rs. 4,000

Rs. 8,000 debit

This content is neither created nor endorsed by Microsoft. The data you submit will be sent to the form owner.
9/23/2020
Microsoft Forms
 SAMPLE QUESTIONS FORMAT
BUSINESS ECONOMICS (SEM VI)
(For final year/semester students of academic year 2019-20 or earlier)

1. SEAT NO:
______________________ (Compulsory)

2. SAP NO:
______________________ (Compulsory)

3. __________ difference in cost is the essence of international trade

according to David Ricardo.
a. Comparative
b. Equal
c. Absolute
d. Real

4. Heckscher-Ohlin theory explains factor abundance in _____ terms.

a. Physical
b. Factor price
c. Both physical and factor price
d. Only money

5. The European Economic Community (EEC) was founded in 1957 under

the treaty of ______________.
a. Paris
b. Rome
c. Washington
d. Netherland

6. ___________ was one of the earliest forms of economic integration

among the 48 commonwealth countries of British empire.
a. Free Trade Area
b. Common Market
c. Economic Union
d. Preferential Trading System
7. ____________tariff can vary according to the type of the goods
imported.
a. Single column
b. Retaliatory
c. Specific
d. Combined

8. Pick out the item which is not a part of unilateral transfer

a. Gifts
b. Grants
c. Loan
d. Donation

9. Expenditure reducing policies consist of _______

a. Tight monetary policy
b. Contractionary fiscal policy
c. Expansionary monetary policy
d. Expansionary fiscal policy

10. An interbank market for foreign exchange is ______

a. retail market
b. wholesale market
c. private market
d. commercial market

11. When the demand for foreign currency increases the value of home
currency ______
a. Appreciates
b. Depreciates
c. Remains constant
d. Cannot be determined

12. The PPP theory of exchange rates was propounded by ______

a. J.M. Keynes
b. A. Smith
c. J.S Mill
d. Gustav Cassel

************
 Shri Vile Parle Kelavani Mandal’s
NARSEE MONJEE COLLEGE OF COMMERCE & ECONOMICS
For the Academic year 2019-2020 Batch of Students
TYBCOM
COMMERCE VI [HUMAN RESOURCE MANAGEMENT]
Semester VI
SAMPLE QUESTIONS

1. All questions are compulsory.

2. In the exam there will be in all 25 questions of 2 marks each.
3. The duration of the entire paper will for 1 hour.
4. Please check whether you have the right Question Paper.
5. Few of the sample questions with the Answers are as below:-

Q) Select the most appropriate answer from the options given below:

1. Which of the following is a function of HRM ?

a. Routing b. Pricing c. Dividend d. Performance
distribution appraisal
Answer: d. Performance Appraisal

2. Which of the following is a part of strategic HRM ?

a. Confidential b. Promotion by c. Efforts to retain d. Reactive
reports for seniority competent decisions relating to
Performance employees Human Resources
appraisal
Answer: c. Efforts to retain competent employees

3. Job Specification includes which of the following ?

a. Duties of a b. Responsibilities of c. Appropriate and d. Human qualities
specific job a specific job authorised content necessary to
of a job perform a job
properly
Answer: d. Human qualities necessary to perform a job properly

4. In which of the following Modern technique of Job Design, employees can design the
nature of their work performance ?
a. Job enrichment b. Job flexibility c. Job enlargement d. Job Rotation
Answer: b. Job flexibility

5. Identify the right sequence of steps in Selection Process out of the given options.
a. Job Analysis - b. Job Analysis - c. Job Offer - Job d. Advertising the
Advertising the Job - Advertising the Job - Analysis - Job- Job Analysis-
Tests & Interviews - Tests & Interviews - Advertising the Job - Tests & Interviews-
Medical Check - Job Job offer – Medical Tests & Interviews - Medical check – Job
Offer check Medical check offer

1
Answer: a. Job Analysis - Advertising the Job - Tests & Interviews - Medical
Check - Job Offer

6. Identify the three intrinsic elements in Pink’s Motivation Theory.

a. Valence, b. Salary, Promotion, c. Effort, d. Autonomy,
Instrumentality, Perquisites Performance, Mastery, Purpose
Expectancy Reward
Answer: d. Autonomy, Mastery, Purpose

7. Practice of Human Relations in an organisation results in which of the following ?

a. Higher Labour b. Higher Employee c. Increase in d. Increase in
Turnover Productivity Employee Grievance Superior-
subordinate
conflicts
Answer: b. Higher Employee Productivity

8. According to Vroom’s Expectancy Theory of Motivation, which of the following variable

relates efforts to performance ?
a. Expectancy b. Valence c. Instrumentality d. Leadership
Answer: a. Expectancy

9. Employees who play a passive role and are more concerned with their payment rather
than work of the organisation belong to which of the following category ?
a. Engaged b. Actively engaged c. Actively d. Not engaged
employees employees disengaged employees
employees
Answer: d. Not engaged employees

10. Which of the following places emphasis on allocating and getting work done
satisfactorily rather than insisting on physical presence of employees at office premises ?
a. Flexi-time b. Job sharing c. Telecommuting d. Compressed work
week
Answer: c. Telecommuting

2
 SAMPLE QUESTIONS
PSHYCHOLOGY OF HUMAN BEHAVIOUR AT WORK (SEM VI)
(FOR STUDENTS OF ACADEMIC YEAR 2019-20)

1. SEAT NO:
______________________ (Compulsory)

2. SAP NO:
______________________ (Compulsory)

3. In a work __________, individual effort results in performance that is greater than the
sum of individual parts.
a) Team
b) group
c) roles
d) models

4. A work __________ interacts primarily to share information and make decision to help
members perform in areas of responsibility.
a) Team
b) group
c) trust
d) performance

5. ___________is a process that begins when one party perceives another party has or is
about to negatively affect something the first party cares about.
a) Conflict
b) Stress
c) Negotiation
d) Communication

6. The __________view of conflict believed at all conflict is harmful and must be avoided.
a) traditional
b) interactionist
c) resolution focused
d) relationship

7. Affect can be experienced in the form of _________ or moods.

a) beliefs
b) emotions
c) attitude
d) thoughts

8. Affect covers a broad range of ___________people experience.

a) feelings
b) beliefs
c) attitude
d) moods
9. Faster, cheaper, and more mobile computers is an example of change in ___________
a) Social Trends
b) World politics
c) Competition
d) Technology

10. Emergence and growth of social networking sites represent a change in __________.
a) Social Trends
b) World politics
c) Competition
d) Technology

11. The collapse of the financial sector and global recession are examples of __________.
a) Social Trends
b) Workforce changes
c) Economic shocks
d) Technological changes

12. Emotions are caused by _________event.

a) general
b) negative
c) specific
d) positive
 Shri Vile Parle Kelvani Mandal’s

NARSEE MONJEE COLLEGE OF COMMERCE & ECONOMICS

For the academic Year 2019-2020 Batch of students

TYBCOM

Export Marketing-II

Semester VI

SAMPLE QUESTIONS

Instructions: 1. All the questions are compulsory.

2. In the Examination, there will be 25 Multiple Choice questions carrying

weightage of 2 marks each.

3. The duration of the paper will be of one hour.

4. Please check whether you have the right question paper.

5. Few sample questions with the answer are as below:

Select the most appropriate answer from the options given below:

1. The written information on the packages:

a) Product Banding
b) Product Labelling
c) Product Marking
d) Product Packaging
2. Packaging is a part of decision related to:
a) Product Pricing
b) Product Warranty
c) Product Planning
d) Product distribution
3. Under this quote, the exporter undertakes to pay all the expenses till the loading of
goods on the board of the ship:
a) CFR
b) FOB
c) CIF
d) C&F
4. Which of the following is the channel of direct exporting?
a) State Corporations
b) Canalizing Agencies
c) Manufacturer Exporter
 d) Merchant Exporter
5. The important component of logistics
a) Material Handling
b) Operations
c) Production
d) Procurement
6. Who provides various schemes for the promotion, finance and development of units
in the micro and small enterprises sector?
a) ECGC
b) EXIM Bank
c) SIDBI
d) IDBI
7. The Government of India has set up Export Risk Insurance Corporation (ERIC) in
year:
a) July, 1963
b) July, 1957
c) July, 1967
d) July, 1953
8. The safest and popular method of payment in International trade:
a) Documents against Acceptance
b) Deferred credit
c) Letter of credit
d) Bills of exchange
9. Post shipment finance is generally available for a period of:
a) 180 days
b) 360 days
c) 90 days
d) 240 days
10. Which document facilitates prompt clearance of goods from the custom authorities?
a) Certificate of origin
b) Consular Invoice
c) Bill of lading
d) Shipping bill

(Correct Answers: 1-b, 2-c, 3-b,4-c, 5-a, 6-c, 7-b,8-c,9-c,10-b)

 Shri Vile Parle Kelavani Mandal’s
NARSEE MONJEE COLLEGE OF COMMERCE & ECONOMICS
For the academic year 2019-2020 Batch of students
TYBCOM
Business Management
(Management and Organisation Development)
Semester VI
SAMPLE QUESTIONS

1. All questions are compulsory.

2. In the exam there will be in all 25 questions of 2 marks each.
3. The duration of the entire paper will be for 1 hour
3. Please check whether you have the right question Paper.
5. Few of the sample questions with the answers are as given below: -

Q) Select the most appropriate answer from the options given below.
1) The basic purpose of communication is to __________ and cooperative human
relationships.
a) create mutual understanding
b) create mutual help
c) bring about coordination
d) create mutual interest

2) ____________ largely depends on the interest and ambiguity which members of the
organisation perceive.
a) Status barrier
b) Grapevine
c) Filtering
d) Rumour
.
 3) __________leadership involves complete delegation of authority so that
subordinates themselves take decisions.
a) Democratic
b) Sociocratic
c) Paternalistic
d) Free- rein

4)________________ permeates the entire process of Management running like a silken

thread through its elements.

a) Coordination
b) cooperation
c) co-optation
d) conciliation

5)______________may be defined as an attempt to design jobs in such a way as to build

in the opportunity for achievement, recognition, responsibility, and personal growth.
a) Job rotation
b) Job enrichment
c) Job evaluation
d) Job design

6) According to Herzberg, __________factors are necessary to maintain a reasonable

level of satisfaction among employees.
a) motivating
b) esteem
c) maintenance
d) social

7)_____________implies the existence of certain standards against which actual results

may be evaluated.
a) Direction
b) Forecasting
c) Control
d) Decision making
8) ___________ is an independent and critical examination of the entire management
process as a total and organic system.
a) Statistical control
b) Management Audit
c) Budgetary Control
d) Personal observation

9) _____________ is not aimed at simply making organisations more productive and

efficient, it also strives to make work place satisfying and pleasant.
a) Organisation Development
b) Organisation Change
c) Management development
d) Managing change

10) _____________ is a process in which an effort is purposefully made by one

person or unit to block another that results in frustrating the attainment of other’s
goals or the furthering of his or her interests.
a) Aftermath
b) Compromise
c) Problem Solving
d) Conflict

***************************************************
ALL THE BEST DEAR STUDENTS !
 SAMPLE QUESTIONS FORMAT
SUBJECT NAME: BUSINESS MANAGEMENT-VI(FINANCIAL MANAGEMENT)
(SEM VI)
(FOR FINAL YEAR/SEMESTER STUDENTS OF ACADEMIC YEAR 2019-20 OR
EARLIER)

1. SEAT NO:
______________________ (Compulsory)

2. SAP NO:
______________________ (Compulsory)

3. A project involves an investment of Rs.10,00,000/-, has an economic life

of ten years, no salvage at the end of the project life and is expected to
generate a cash inflow of Rs. 2,00,000/- per annum. Its Pay Back Period
will work out to ________
a. 5 years
b. 8 years
c. 2 years
d. 10 years

4. In Pay Back Period Method, the project with ________ is selected.

a. highest estimated useful life
b. shortest pay back period
c. longest pay back period
d. highest yield

5. Capital expenditure decisions are ________ in nature.

a. reversible
b. irreversible
c. flexible
d. tactical

6. A Ltd. Has a net operating cycle of 55 days, Raw Material Storage Period
of 40 days, Conversion Period of 2 days, Finished Goods Holding Period
of 20 days, and Creditors Payment Period of 25 days. Its Debtors
Collection period will work out to ______ days.
a. 7
b. 18
c. 22
 d. 25
7. _______ will reduce the duration of the net operating cycle.
a. increase in the creditors payment period
b. decrease in the creditors payment period
c. increase in raw materials holding period
d. increase in finished goods holding period
8. Monty Enterprises grants credit to its customers at 5/5net 100. Its
effective cost of granting credit will work out to _______.
a. 19.94%
b. 21%
c. 12%
d. 17.5%

9. Zebrra Enterprises has a daily credit sales of Rs. 30,000/- and funds cost
6% per annum. If it speeds up its collections by 3 days, its Annual Benefit
will work out to ___________
a. Rs.5,400/-
b. Rs.90,000/-
c. Rs.1,800/-
d. Rs.3,600/-
10. In cash management, the time between the sale and furnishing the
sales invoice to the buyer is termed as ________
a. Processing Float
b. Mail Float
c. Bill Float
d. Collection Float
11. Cost behaviour refers to _____________
a. how costs react to a change in the level of activity
b. classification of costs into Production, Administration, Selling And
Distribution Overheads
c. classifying costs into controllable and uncontrollable
d.classifying costs into avoidable and unavoidable
12. Total Costs + Profits = ____________________
a. Cost of sales
b. Sales
c. Cost of Goods Sold
d.Works Cost
 Sample Questions Format CORREC
T
ANSWER

SR TYBCOM SEM VI(SAMPLE PAPER)

NO.
COMPUTER SYSTEMS AND APPLICATIONS

1. SEAT NUMBER _______________ (COMPULSORY)

2. SAP NO ______________________ (COMPULSORY)

3. Conversion of data into code is called c)

a) Firewall b)Decryption
c)Encryption d) Password

4. SET ensures c)

a) Authentication b)Non-repudiation
c)Both Authentication and Non -repudiation
d) Encryption

5. The most commonly used form of payment in E Commerce is a)

a) Credit card b)PayPal

c)Petro Card d) Digital cash

6. The______ function obtains its time and date from the Computer’s b)
clock

a) Today() b)Now()
c)Current() d) Days360()

7. In the range consisting of 10 numbers, which of these formulae will c)

return the 5th largest number?

a) LARGE(A1:A5,5) b)LARGE(A5:A10,5)
c)LARGE(A1:A10,5) d) Large(5,A1:A10)

8. What chart object is horizontal or vertical line that extends across the d)
plot area to make it easier to read and follow the values
 a) Category Axis b)Data marker
c)Data point d) Gridline

9. A Scenario uses all of the following except b)

a) Changing cells b)a table area

c)Result cells d) Formulas

10. The ASCII Code of alphabets is_______ than that of digits 0 to 9 a)

a) Less than b)Greater than

c)depends on whether its lower or upper case
d) Cannot be said with certainty

11. Visual Basic Projects are identified by a a)

a) “.VBP” suffix b)”.MAK”suffix

c)”.FRM”suffix d) “.VISUALBASIC”

12. Visual Basic Controls are d)

a) Code b)Part of the Menus

c)Rules d) Objects